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Why did Facebook co-founder Eduardo Saverin renounce his U.S. citizenship? The answer to this question was the subject of much speculation on Friday, when news broke that the Brazilian-born tech investor renounced his U.S. citizenship back in September. It was only on April 30, when the IRS published a list......read more

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Around 1,800 U.S. citizens living abroad formally renounced their citizenship in 2011 — just like Facebook co-founder Eduardo Saverin — and many did so for tax purposes.
Saverin told Bloomberg today that his decision was one of conv...

Facebook co-founder Eduardo Saverin is often reluctant to grant media interviews, but the Singapore-based billionaire has come out to flatly deny speculation that the renouncement of his US citizenship was...

Anger is swelling at Facebook co-founder Eduardo Saverin’s decision to renounce his U.S. citizenship. Widely seen as a way to avoid hundreds of millions of dollars in taxes when his Facebook stock gains value after their IPO on Fri...

Eduardo Saverin, the billionaire Facebook co-founder portrayed by Andrew Garfield in The Social Network, is no longer an American citizen.
Saverin, 30, renounced the U.S. citizenship he gained as a teenager in advance of the company...

In a blow to Uncle Sam, Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship ahead of the company’s hotly-anticipated initial public offering.
Facebook is expected to make its public debut on May 18. The company pr...